NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,295,000

3 Beds
3 Baths
1,858 Sq Ft
4,008 Sq Ft Lot

Last Sold October 09, 2015

Last sale price $565,000 $304 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,485/month

61 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Furnished
  • Island Location
  • Corner Lot
  • Fireplace

About This Home

As of October 2015

Exceptional quality and workmanship defines this impressive corner bay front home with unobstructed water views. Enjoy the summer breeze and vibrant sunsets while relaxing on the low maintenance West facing wrap around porch and second story balcony. This home is conveniently located minutes from the Wildwood Boardwalk, beaches, recreational boating, and all the finest restaurants and shopping Historic Cape May has to offer.No detail has been overlooked in the 1,858 square feet of professionally decorated living space. When you enter the main door you are welcomed by an open floor plan that allows for plenty of friends and family to gather. The natural gas fireplace adds an element of comfort and centers the main living area. The windows are dressed with custom white plantation shutters lending to the overall feel of the home, which includes furnishings.(please see inclusion list) The kitchen offers granite countertops with an extended seating area, ample space for preparing food, entertaining, and storage. The first level is rounded out with a full bath, dining area with bay views, wine cooler, interior access to the garage with additional refrigerator, automatic garage door opener and so much more. As you head up the staircase you are greeted by two large bedrooms, an additional bath, and the master suite. The master suite boasts a walk-in closet, master bath with hand painted lyrics to the famous tune "On The Way to Cape May." It also features a private balcony, perfect for your morning coffee, with unsurpassed bay views of Jarvis Sound and the local fishing fleets. The exterior offers maintenance free vinyl siding, Trex composite decking, stone yard with rear concreat patio, storage buildings, outdoor shower for those sandy toes, off street parking and plenty of entertaining space. Don't miss out on this one. The interior and exterior of this home showcases the owner's pride. This home was utilized as a family vacation home and was never rented to the public. Its condition speaks for itself! Adjacent unit also available at 105 E. Austin. MLS# 165011

Last Agent to Sell the Property

April Vanaman

eXp REALTY Listed on: 07/10/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 2001

Lot Details

  • 4,008

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Outdoor Shower
  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 16 / 712

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,541

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Shades, Blinds, Fireplace Equipment, Furniture, Partial Furniture
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1858
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, Parking Pad, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air, Gas
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Storage Facilities, Outside Shower
  • Unit Features: Fireplace, Hardwood Floors
  • Unit Location: Water View, Corner

Lot Info

  • Lot Number: 16
  • Total Assessment: 479100

Tax Info

  • Taxes: 7540.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Oct 9, 2015
Sold by
Galo Felix and Galo Lisa D
Bought by
Picciocchi Dominic J and Picciocchi Charlene J
Seller's Agent
April Vanaman
eXp REALTY
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%
Current Estimated Value
$1,050,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,555
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Sep 7, 2012
Sold by
Kelly Stephen V and Kelly Grace M
Bought by
Galo Felix and Galo Lisa D

Purchase Details

Closed on
Jul 17, 2001
Sold by
Pelican Development Inc
Bought by
Kelly Stephen V and Kelly Grace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Picciocchi Dominic J $565,000 Surety Title Company Llc
Galo Felix $495,000 The Title Company Of Jersey
Kelly Stephen V $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Stephen $309,500
Previous Owner Kelly Stephen $330,000
Previous Owner Kelly Stephen V $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $565,000 -4.1% $304 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $589,000 -- $317 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,129 $448,600 $209,000 $239,600
2024 $9,129 $448,600 $209,000 $239,600
2023 $8,990 $448,600 $209,000 $239,600
2022 $8,716 $448,600 $209,000 $239,600
2021 $8,434 $448,600 $209,000 $239,600
2020 $8,308 $448,600 $209,000 $239,600
2019 $8,084 $448,600 $209,000 $239,600
2018 $7,895 $448,600 $209,000 $239,600
2017 $7,900 $448,600 $209,000 $239,600
2016 $7,792 $448,600 $209,000 $239,600
2015 $8,054 $479,100 $209,000 $270,100
2014 $7,790 $479,100 $209,000 $270,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165010

Cape May County Association of REALTORS®

APN: 05-00712-0000-00016-0000-C-103